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China’s foldable smartphone shipment growth slows amid global dip in demand

China’s foldable smartphone shipment growth slows amid global dip in demand

China’s foldable smartphone shipments are seeing growth slow this year, according to Counterpoint Research, even as the country is poised to account for more than 50 per cent of the handset segment’s 2024 global shipments. Foldable handset shipments in China, the world’s largest smartphone market, are expected to reach 9.1 million units this year, up […]

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Bitcoin records first weekly decline since Donald Trump’s US election victory

Bitcoin records first weekly decline since Donald Trump’s US election victory

The largest digital asset was down more than 7 per cent for the seven-day period through 9:27am on Monday in Singapore, the biggest such drop since September. A wider cryptocurrency market gauge, encompassing smaller tokens such as ether and meme-crowd favourite dogecoin, suffered a sharper decline of about 10 per cent. The Fed on Wednesday

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Tencent gives up Epic Games board seats after US antitrust scrutiny

Tencent gives up Epic Games board seats after US antitrust scrutiny

Tencent Holdings removed two directors it appointed to the board of Epic Games after the US Justice Department deemed the positions a violation of antitrust laws. China’s most valuable company owns both a minority stake in Epic and a direct competitor in its Riot Games subsidiary, giving rise to concern about antitrust violations, the DOJ

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Former Huawei ‘Genius Youth’ recruit says new venture can now mass produce humanoid robots

Former Huawei ‘Genius Youth’ recruit says new venture can now mass produce humanoid robots

A two-year-old start-up founded by a former Huawei Technologies’ recruit said it has started mass production of its humanoid robots, raising the bar in a fierce competition among Chinese firms to produce artificial intelligence (AI)-powered machines. Shanghai-based Agibot has started producing its general-purpose robot for commercial use, and has manufactured 962 units as of December

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Trump favours keeping TikTok in US after ‘billions of views’ during election campaign

Trump favours keeping TikTok in US after ‘billions of views’ during election campaign

US president-elect Donald Trump indicated on Sunday that he favoured allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. Trump’s comments before a crowd of conservative supporters in Phoenix, Arizona, were one of

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Cathay Creates a New Generation of Security Champions with DevSecOps Transformation

Cathay Creates a New Generation of Security Champions with DevSecOps Transformation

[The content of this article has been produced by our advertising partner.] In an increasingly interconnected world, technological innovations can bring about new opportunities that come with great risks. From artificial intelligence to cloud computing, companies are now relying on digital solutions to drive value and enhance customer experience. However, by being one of the

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Opinion | How Southeast Asia can become the next AI powerhouse

Opinion | How Southeast Asia can become the next AI powerhouse

In the global race for artificial intelligence (AI) development, Southeast Asia is emerging as an unexpected contender. Traditionally, discussions around AI innovation have focused on the United States and China, but Southeast Asia’s unique combination of adaptability, dynamism and strategic investments is positioning it as a critical player in shaping the AI landscape. Characterised by

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Chinese EV maker Nio unveils Firefly branded cars to take on Mini Cooper and Smart

Chinese EV maker Nio unveils Firefly branded cars to take on Mini Cooper and Smart

Chinese electric vehicle (EV) maker Nio launched a new small car under its Firefly brand that seeks to compete with BMW’s Mini and Smart of Mercedes-Benz, an advancement in its drive into international markets. William Li, the co-founder and CEO of the Shanghai-based carmaker, told the Nio Day event in Guangzhou on Saturday that the

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Chinese fintech giant Ant denies imminent restart of IPO process

Chinese fintech giant Ant denies imminent restart of IPO process

Ant Group, the fintech affiliate of Alibaba Group Holding, said it had no immediate plans to revive its initial public offering (IPO), dispelling market speculation it would soon go public. The Chinese company shocked investors in November 2020 by cancelling its US$39.7 billion IPO in Hong Kong and Shanghai less than 48 hours before market

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A Hong Kong AI model proves more accurate than doctors in diagnosing eye conditions

A Hong Kong AI model proves more accurate than doctors in diagnosing eye conditions

Researchers at the Chinese University of Hong Kong (CUHK) said they have developed a foundational artificial intelligence (AI) model that could help address ophthalmic clinical tasks including disease screening and diagnosis, as generative AI plays a greater role in medical research. VisionFM is a new foundational model that is effective in diagnosing and predicting multiple

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